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Monday, August 16, 2010

Bought SA @ 26.85

Seabridge Gold Inc. operates as a mineral exploration company. The company acquires projects in North America with gold resources, expands and verifies these resources through further exploration, undertakes the engineering work required to move these resources to reserves, and determines their economic value. It then sells or joint ventures its projects to larger companies for mine construction and production. Seabridge is advancing two Canadian gold projects towards feasibility status, including KSM project and Courageous Lake project. KSM project is located in north western British Columbia and has proven and probable reserves of 30.2 million ounces of gold and 7.0 billion pounds of copper. Courageous Lake project is located in the Northwest Territories and contains undeveloped gold deposits and occurrences.

The company was formerly known as Seabridge Resources Inc. and changed its name to Seabridge Gold Inc. in June 2002. Seabridge Gold Inc. was founded in 1979 and is based in Toronto, Canada.

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